Wachovia Agrees to Acquire Prudential's Stockbrokers

Overture Services will acquire the AltaVista search engine business from CMGI, and more deal news

Wachovia (WB ) says it will acquire Prudential Financial's (PRU ) 4,440 retail stockbrokers. Wachovia will own 62% of the new venture, and Prudential will own the rest. Financial terms weren't disclosed. (2/19)

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